How to Buy Nyxoah Sa Stock
Nyxoah Sa
Nyxoah S. A. , a medical technology company, focuses on the development and commercialization of solutions to treat sleep disordered breathing conditions.
Nyxoah Sa stock last closed at $11.29, up 6.36% from the previous day, and has increased 26.43% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.4 percentage points. Nyxoah Sa stock is currently +182.25% from its 52-week low of $4.00, and -43.55% from its 52-week high of $20.00.
As of Apr 25, 2024, there are 28.67M shares of NYXH outstanding. The market cap of NYXH is $323.73M. In the past 24 hours, 22,016 NYXH shares were traded.
How to Buy Nyxoah Sa Stock
Not sure how to invest in Nyxoah Sa stock? Here's how.
- Figure out where to buy Nyxoah Sa stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Nyxoah Sa stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your information.
- Research Nyxoah Sa stock: The Nyxoah Sa ticker symbol is NYXH. Is Nyxoah Sa stock a good investment? Should you buy shares of NYXH? How do NYXH's underlying business fundamentals look? Do top analysts think Nyxoah Sa is a good buy? Why has NYXH's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if NYXH is a good stock to buy).
- Execute your NYXH trade: Decide if you will purchase NYXH shares at the current market price or use a limit order to buy NYXH stock at a particular price.
- Get notifications regarding your NYXH position: Create a watchlist to track your position in Nyxoah Sa shares.
Step 1: Figure out where to buy Nyxoah Sa stock
You will need an online brokerage account in order to access the NASDAQ market and buy NYXH stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy NYXH today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best stock app to use, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help depositing funds into your investment account.
Step 4: Research Nyxoah Sa stock
After you have selected the best place to buy Nyxoah Sa stock, it's crucial to research their stock prior to buying, so you actually wrap your head around the risk and upside.
Nyxoah Sa stock quick numbers
Fundamentals of Nyxoah Sa
WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.
You can view all of the due diligence checks on NYXH's stock page.
Is NYXH stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge NYXH's intrinsic value.
Using relative valuations ratios:
- NYXH may be undervalued based on its P/B ratio of 3.04x, relative to Medical Instruments & Supplies industry P/B ratio of 3.49x
You can access more valuation research on NYXH's stock here.
A quick look at NYXH Financials
Pros:
- NYXH has cash burn of 60586956. It has sufficient cash and short-term investments to cover this for at least one year.
- NYXH has a low debt to equity ratio of 0.27.
- There are more short-term assets than long-term liabilities on the NYXH balance sheet.
- There are more short-term assets than short-term liabilities on the NYXH balance sheet.
Cons:
- NYXH has $62.77M in cash and short term investments. This is not sufficient to cover its annual cash burn of $60.59M.
- NYXH profit margin has gone up by 0.19 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy NYXH stock, according to analysts?
Out of 5 Equities analysts who monitor NYXH, the consensus analyst rating on Nyxoah Sa is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Nyxoah Sa stock forecast page.
NYXH Performance Metrics
Last year, NYXH revenue was $4.73M. During the last three year, NYXH's revenue has increased by 383.53% per year. This was faster than the Medical Instruments & Supplies industry average of 9.46%.
You can research NYXH's earnings and revenue performance here.
Who is buying/selling NYXH?
Over the last 12 months, insiders at NYXH have not bought or sold any shares.
Learn more about who owns NYXH shares here.
Does NYXH stock generate passive income?
No, Nyxoah Sa doesn't provide an income stream by paying out dividends.
What others are saying about NYXH
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your NYXH trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your NYXH position
Now that you own some NYXH shares, you'll want to keep up with your stock purchase.
Start a watchlist to track the latest developments regarding your NYXH stock.
NYXH Feed
How to Buy Stock in Nyxoah Sa
To reiterate, here are the 6 steps for buying Nyxoah Sa stock:
- Figure out where to buy Nyxoah Sa stock
- Create your brokerage account
- Fund your investment account
- Research Nyxoah Sa stock
- Execute your NYXH trade
- Get notifications regarding your NYXH position
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Nyxoah Sa, get started below.
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